Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$150M |
| 2 |
Johnson Controls International
JCI
|
+$145M |
| 3 |
ExxonMobil
XOM
|
+$135M |
| 4 |
Apple
AAPL
|
+$129M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$129M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$437M |
| 2 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
+$146M |
| 3 |
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
|
+$108M |
| 4 |
Danaher
DHR
|
+$103M |
| 5 |
CPGX
COLUMBIA PIPELINE GROUP IN COM STK (DE)
CPGX
|
+$84.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.06% |
| 2 | Financials | 14.21% |
| 3 | Healthcare | 14.12% |
| 4 | Industrials | 10.19% |
| 5 | Consumer Discretionary | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1526
StoneX
SNEX
$7.94B
| $9.22M | ﹤0.01% |
1,201,068
+47,289
| +4% | +$313K |
|
|
CNSL
1527
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $9.21M | ﹤0.01% |
364,916
+15,368
| +4% | +$397K |
|
1528
Universal Insurance Holdings
UVE
$1.23B
| $9.2M | ﹤0.01% |
365,168
+4,657
| +1% | +$104K |
|
|
CYS
1529
DELISTED
CYS Investments Inc.
CYS
| $9.2M | ﹤0.01% |
1,054,989
+64,158
| +6% | +$565K |
|
1530
Dine Brands
DIN
$452M
| $9.2M | ﹤0.01% |
116,153
+1,526
| +1% | +$121K |
|
|
TERP
1531
DELISTED
TerraForm Power, Inc
TERP
| $9.19M | ﹤0.01% |
660,817
+102,249
| +18% | +$1.28M |
|
1532
Shenandoah Telecom
SHEN
$746M
| $9.17M | ﹤0.01% |
336,884
-52,328
| -13% | -$1.68M |
|
1533
Liberty Media Series C
FWONK
$25.8B
| $9.16M | ﹤0.01% |
336,580
-1,057
| -0.3% | -$23.1K |
|
1534
SPS Commerce
SPSC
$2.64B
| $9.15M | ﹤0.01% |
249,230
+11,572
| +5% | +$380K |
|
|
SVU
1535
DELISTED
SUPERVALU Inc.
SVU
| $9.14M | ﹤0.01% |
261,569
+5,897
| +2% | +$209K |
|
1536
Teva Pharmaceuticals
TEVA
$41.2B
| $9.13M | ﹤0.01% |
198,436
+18,838
| +10% | +$983K |
|
|
AF
1537
DELISTED
Astoria Financial Corporation
AF
| $9.13M | ﹤0.01% |
625,029
+6,248
| +1% | +$93.3K |
|
|
TVTY
1538
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $9.12M | ﹤0.01% |
344,867
+102,553
| +42% | +$2.07M |
|
|
SRCI
1539
DELISTED
SRC Energy Inc
SRCI
| $9.09M | ﹤0.01% |
1,311,069
-22,626
| -2% | -$149K |
|
|
KNL
1540
DELISTED
Knoll, Inc.
KNL
| $9.08M | ﹤0.01% |
397,318
+19,720
| +5% | +$492K |
|
|
SFBS
1541
ServisFirst Bancshares
SFBS
$4.86B
| $9.07M | ﹤0.01% |
349,640
+1,582
| +0.5% | +$40.4K |
|
|
NP
1542
DELISTED
Neenah, Inc. Common Stock
NP
| $9.07M | ﹤0.01% |
114,855
+732
| +0.6% | +$56.2K |
|
1543
Park National Corp
PRK
$3.67B
| $9.07M | ﹤0.01% |
94,477
-2,133
| -2% | -$199K |
|
|
OCLR
1544
DELISTED
Oclaro Inc.
OCLR
| $9.05M | ﹤0.01% |
1,058,453
+361,747
| +52% | +$2.52M |
|
|
INN
1545
Summit Hotel Properties
INN
$700M
| $9.05M | ﹤0.01% |
687,491
+90,719
| +15% | +$1.26M |
|
1546
Meritage Homes
MTH
$4.86B
| $9.04M | ﹤0.01% |
521,124
+29,974
| +6% | +$545K |
|
1547
Super Micro Computer
SMCI
$20.1B
| $8.98M | ﹤0.01% |
3,841,950
+103,020
| +3% | +$229K |
|
1548
Photronics
PLAB
$1.93B
| $8.97M | ﹤0.01% |
870,012
+27,132
| +3% | +$262K |
|
1549
Aaon
AAON
$7.77B
| $8.95M | ﹤0.01% |
465,849
-1,553
| -0.3% | -$28.6K |
|
|
INFN
1550
DELISTED
Infinera Corporation Common Stock
INFN
| $8.94M | ﹤0.01% |
990,537
-27,604
| -3% | -$267K |
|
Similar funds
Geode Capital Management's Q3 2016 Portfolio in Review
As of Q3 2016, Geode Capital Management held 4,151 positions worth $199B, up 8% from $184B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management deployed $6.96B of net new capital in Q3 2016, opening 137 new positions and adding to 3,049 existing holdings. Its largest new stake was Fortive: 4,005,895 shares worth $128M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Danaher, an estimated $103M trimmed.
- Geode Capital Management's largest Q3 2016 buy was Fortive: 4,005,895 shares worth $128M.
- Geode Capital Management added most to Johnson & Johnson in Q3 2016, an estimated $150M increase.
- Geode Capital Management's biggest Q3 2016 reduction was Danaher, cutting an estimated $103M.
- Geode Capital Management fully exited EMC CORPORATION in Q3 2016, selling an estimated $437M.
- Geode Capital Management's ten largest holdings make up 15% of its $199B portfolio in Q3 2016.
- Geode Capital Management opened 137 new positions and closed 123 in Q3 2016.
- Geode Capital Management's portfolio value rose 8% quarter-over-quarter to $199B.
Based on Geode Capital Management's 13F filing for Q3 2016, filed 10 Nov 2016.